Renewable energy sector targets more support from next UK government
UK wave and tidal energy sector calls for more targeted support from whichever party gets the keys to 10 Downing Street.
Renewable energy
UK, Ireland and Belgium to cooperate on interconnectors and renewables
The governments of the UK, Ireland and Belgium have signed a joint statement in Brussels paving the way for greater cooperation on renewables and interconnectors.
Renewable sources provided record 30% of electricity last year
The share of global electricity from renewables rose to a record 30% last year as the growth of wind and solar power continued to far exceed that of fossil fuels.
Kintore Hydrogen kicks off public consultation as 3GW project takes shape
Statera Energy says Kintore is "one of the best sites in Western Europe" for green hydrogen production
Two thirds of global university energy degrees still focused on fossil fuels
More than two thirds of university energy degrees worldwide remain focused on the fossil fuel industry rather than renewables, according to a new study.
High renewable output pushes UK power prices to negative
The UK’s wholesale power prices will drop below zero for 12 hours on Saturday — the second-longest such stint on record — as strong renewable generation means supply will outstrip demand.
Labour announces plans for GB Energy to invest in floating wind
UK Labour leader Sir Keir Starmer will be joined by new Welsh first minister Vaughan Gething to unveil 'Great British Energy' plans.
Scottish renewable energy jobs grew 70%, research suggests
Analysis from Global Witness shows Scotland’s renewable energy jobs grew 70% between 2015 and 2022, according to latest Office of National Statistics (ONS) estimates.
Policymakers more influenced by ‘grey’ reports which emphasise offshore wind negatives
A new study has found policymakers are more likely to be influenced by reports which tend to emphasise the negative environmental aspects of offshore wind farms.
Artificial intelligence set to play ‘crucial role’ in future energy systems
Artificial intelligence (AI) experts say the emerging technology will play a "crucial role" in future energy systems, emerging as a new frontier in the energy transition.
Xlinks appoints new CEO to lead ambitious Morocco-UK power project
Xlinks First Ltd. has appointed a new chief executive officer to lead its ambitious plan to transmit electricity from a solar and wind power plant in Morocco to the UK via a subsea cable,
China’s solar boom fuels record growth in global renewables, wind power slows
Wind power, however, is growing at a slower rate after supply chain issues, inflation and higher borrowing costs put projects in Europe and the US in jeopardy, particularly for offshore farms.
Scottish researchers turn whisky distillery wastewater into green hydrogen
Researchers at Heriot-Watt University develop method of turning whisky industry wastewater into green hydrogen
Equinor and BP terminate agreement for Empire Wind 2 project in New York
Equinor and BP will seek "new offtake opportunities" for the Empire Wind 2 project.
Danish investor is raising €12bn for renewable energy fund
Copenhagen Infrastructure Partners is looking to raise €12 billion ($13 billion) to invest in renewable energy, making it among the biggest ever funds dedicated to the transition away from fossil fuels.
Renewable power competitiveness in Asia Pacific worsened in 2022
The levelised costs of electricity (LCOE) for utility solar and onshore wind in Asia Pacific were up 16% and 12% respectively since 2020, as equipment, construction costs and interest rates rose in the region. However, China was insulated from the trend.
APAC renewable energy deal value hits $19bn
Renewable energy M&A deal value in Asia Pacific increased by 11% year-on-year to $19 billion in 2022, primarily due to a surge in onshore wind and geothermal merger and acquisition activity.
Asia’s offshore mega wind farms risk delays from ship shortage
Asian nations counting on offshore wind farms to meet clean energy goals are facing an increasing shortage of ships for installing the massive turbines in the sea.
Indonesia seeks investors for giant geothermal energy resources
Indonesia, home to the world’s largest geothermal energy potential, is opening tenders seeking investors to develop this giant resource, as it aims to expand the use of renewable energy to meet its net zero goals.
Vietnam nears $11bn deal to shift economy from coal
Vietnam is set to follow Indonesia and South Africa with a climate financing package of at least $11 billion to shift its economy away from coal and boost the rollout of renewable energy sources.
Japan’s JERA to buy 35% share in Vietnam renewable energy firm for $112m
Japan's biggest power generator JERA said on Tuesday it will spend about 15 billion yen ($112 million) to buy a 35.1% share in Vietnamese renewable energy company Gia Lai Electricity JSC (GEC) to expand its overseas business.
Shell and Nickel Asia team up for renewable energy in Philippines
Shell (LON:SHEL) has signed a collaboration agreement with Nickel Asia's renewable energy subsidiary, Emerging Power (EPI), to jointly develop, own, operate, and maintain renewable energy assets in the power hungry Philippines.
More multi-billion dollar renewable energy deals in India
JSW Group, one of India’s largest conglomerates, has announced plans to acquire Indian renewables company Mytrah Energy for $1.32 billion. This is hot on the heels of Shell completing its $1.55 billion acquisition of Indian renewable energy developer Sprng Energy from Actis Solenergi earlier this week.
India’s ONGC teams up with Greenko for $6.2bn green hydrogen and renewable energy projects
India’s state-backed Oil & Natural Gas Corporation (ONGC) and joint venture partner Greenko could invest up to $6.2 billion on Indian renewable energy and green hydrogen projects under the terms of an agreement signed this week, Press Trust of India (PTI) reported.
DNV working on integrating hydrogen into India pipeline gas network
DNV is providing technical advice and support to Pipeline Infrastructure Limited (PIL) on the integration of blended hydrogen into its gas trunkline assets in India – including transmission pipelines, interconnects and spur lines, compressor, valve, as well as metering stations and equipment.